UPDATE 5-Applied Materials to buy Japan’s Kokusai to bolster memory chip business
U.S. chip gear maker Applied Materials
Inc on Monday agreed to buy Japanese peer Kokusai
Electric for $2.2 billion from KKR & Co Inc, as it bets
on rising demand for memory chips used in data centres, 5G
phones and AI-powered devices.
Inc on Monday agreed to buy Japanese peer Kokusai
Electric for $2.2 billion from KKR & Co Inc, as it bets
on rising demand for memory chips used in data centres, 5G
phones and AI-powered devices.
Posted by Reuters
